Multiple Choice
A good that is a natural monopoly is _____
A) rival and nonexclusive.
B) exclusive and nonrival.
C) rival and exclusive.
D) nonrival and exclusive.
E) nonrival and nonexclusive.
Correct Answer:
Verified
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A)rival and nonexclusive.
B)exclusive and
A)rival and nonexclusive.
B)exclusive and